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Technology Stocks : MMC Networks Inc (MMCN)

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To: Tigerr who wrote (368)4/15/1999 9:17:00 PM
From: S. Day  Read Replies (1) of 507
 
I hope MMCN doesn't do what TXCC (a "similar" company) did today after beating estimates by $.02, announcing of a 3 for 2 split and Robertson Stephens reiterating its "buy" recommendation (along with increasing estimated future EPS)...it dropped over 15%!

I guess these run-ups are in anticipation of "blowout" quarters?...and who got the "early word" at 3:00 even when NASDAQ was rising? Will SUNW's earnings hurt the sector tomorrow?

Any thoughts?

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